but that's a lot of restaurant workers and the like, not high-paying jobs. manufacturing, which did have something of a rebound during the course of this year down 15,000, while construction, of course, as you see right there in terms of housing and the like, we're hoping for a rebound. that was flat. >> all right, david faber, as always, thanks for stopping by to help explain all this. >> my pleasure. this comes, of course, following a convention where we heard democrats say over and over "we're on the fix, we're on the mend, we need more time." as was the case with the gop in tampa, not everything that was said from the podium checked out when compared with the facts. we get our fact check tonight from our chief white house correspondent chuck todd. >> reporter: well, the president generally stuck to the facts last night. he did use a little budgetary slight of hand. >> i will use the money we're no longer spending on war to pay down our debt and put more people back to work. >> reporter: that so-called peace dividend doesn't exist. the wars in iraq and afghanistan were paid by borrowing and increasing the national debt.